DOW JONES - Wave Revision - Expanding Leading Diagonal
I have adjusted the wave count here. The waves fit the rules and guidelines of an expanding leading diagonal.
Each wave is longer than the previous. 3 is longer than 1 and 5 is longer than 3.
According to AriasWave there is no such thing as a triple zig zag plus we have also seen waves 1 and 2 before the diagonal.
Leading diagonals usually have deep retracements and we have seen it hit .886.
A break of 28,055 would invalidate this idea.
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Each wave is longer than the previous. 3 is longer than 1 and 5 is longer than 3.
According to AriasWave there is no such thing as a triple zig zag plus we have also seen waves 1 and 2 before the diagonal.
Leading diagonals usually have deep retracements and we have seen it hit .886.
A break of 28,055 would invalidate this idea.
Please LIKE and FOLLOW to get notification of updates and future posts.
